Chips inhouse. The dollar continues to weaken. 38. 0 two. Lets get a deeper dive into market action. I want to pick it up with the tech strength. We are seeing a number of heavyweights higher. Leadn, facebook helping to the nasdaq into positive territory. Up around 3 . Tech stocks getting another bid here as we see a rally stalling out encyclical areas. To noterally, i want how far and fast we have come. If we look at Global Equity benchmarks, this is a momentum indicator. Over boughticates territory. Remember since the lows back in late march, we have added more than 20 trillion worth of value to the Global Equity markets. I want to talk about other. Sset classes the 10 year treasury is getting a bid today. Down six basis points. We are seeing the curve flattening after the steepening we have seen. That spread between three and 10 year notes. We are paying attention to the fed meeting and what they are going to say about possible yield curve control. Perhaps a weaker dollar. The spot
Memorial day ended up being a working holiday for state officials in response to the pandemic and its economic effects. The department of Public Health releasing new guidelines on shopping war shipping and protesting. California continue to lift parts of it stay at home order monday allowing churches and other houses of worship to reopen so long as attendance is limited to 25 capacity capping at 100 attendees the state says congregations must also implement employee training sanitation and physical distancing Standards Health officials suggest requiring face coverings for singing and group re citation or eliminating them altogether. The state is strongly recommending churches continue with Virtual Services but leaders of 3,000 places of worship say theyre ready to resume in person this week i heard one pastor, good like thats. During a Church Online is like watching a campfire on television. It just isnt the same you know still work another green light given monday in store shopping is
In san jose, police are investigating an officer involved shooting that left one man dead. As fire evacuees return home they explained how the tubbs fire from two years ago helped them deal with the kinkade fire. Santa rosa where theres a special Halloween Party for fire evacuees. Abc 7 news starts right now. Firefighters are making solid headway tonight on the kinkade fire in Sonoma County thanks to improving weather conditions. Containment is now up t 65 . The flames have scorched nearly 78,000 acres. And part of the fire is in 1 homes have been destroyedin in the four and four people have been hurt. People are beingme my are shari about just how different this experience was from the tubbs fire two years ago. Communication and coordinating seems to have improved significantly. Reporter hassan is live from downtown where he found evacuees very glad to get back home. Good evening. More than 186,000 people were evacuated due to the kinkade fire. Many local agencies like the Sonoma Coun
Inve involvedotghat left man dead. As fire evacuees return home they explained how the tubbs fire from two years ago helped them deal with the kinkade fire. Santa rosa where theres a special Halloween Party for fire evacuees. Abc 7 news starts right now. Firefighters are making solid headway tonight on the kinkade fire in Sonoma County nditio. To improving weather he flame havcorched nearly 78,000 acres. And part of the fire is in burning in some rugged terrain. 165 homes have been destroyed in the four and four people have been hurt. People are being allowed to return to their homes. Many are sharing thoughts about just how different this experience was from the tubbs fire two years coordinating seems to have improved significantly. Reporter hassan is live from downtown where he found evacuees very glad to get back home. Good evening. More than 186,000 people were evacuated due to the kinkade fire. Many local agencies like the Sonoma County Sheriffs Department say better communication
Teslas troubles. A reported investigation into self driving claims and whether it committed securities and or wire fraud during the criminal investigation. That is coming up. Looking forward to that. Morningstar is outstanding Portfolio Manager of the year. She runs a fund focused on Underappreciated Companies which pay reliable dividend. We will find out. Lets take on the markets first. But it the dow is up 122. Look at the others in the red. The s p down two points, the nasdaq down about a quarter of a percent right now. A lot of stocks are on the move following earnings. Jumping on an earnings beat in a phase 3 trial. After its first report of the company. Said a year from now and got it already. Trip adviser getting crushed on that lower guidance and the rejection on a takeout opera. 29 . We will trade more earnings, movers and lunch coming up. First, lets start with tesla as that stock is falling. 2 off of its worst levels of the day so far. I am looking at right now. It is so nic